Gränges Board of Directors proposes dividend increase of 27 percent

Gränges Board of Directors proposes dividend increase of 27 percent At today's Meeting of the Board of Directors of Gränges AB, it was decided to propose the Annual General Meeting a dividend of SEK 4.75 per share to be paid for the 1999 fiscal year (3.75). This amounts to a total dividend payment of MSEK 173.9 (137.3), corresponding to 36 percent of net income for 1999. For further information please contact Cecilia Lager, IR & Communication, tel +46 8 459 5941. Gränges is an international industrial group focused on value-added products based on the light materials aluminium and plastics. The products range from extrusions, heat transfer material to components and systems in plastics to the transport industry. The group is one of Europe leading companies within its field serving the customer segments engineering, telecom, transportation and construction. Gränges is quoted on the OM Stockholm Exchange "A-list". Visit Gränges web site on the Internet: www.graenges.se ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/01/27/20000127BIT00210/bit0001.doc http://www.bit.se/bitonline/2000/01/27/20000127BIT00210/bit0002.pdf